Shares of financial services companies are trading higher as declining oil prices and a dovish Fed rate hold last week have eased concerns about tight lending policy, with Treasury yields falling. The move has improved broader market sentiment and supported the sector.

Citizens Reiterates Market Outperform on Affirm Holdings, Maintains $85 Price Target

Citizens analyst David Scharf reiterates Affirm Holdings (NASDAQ:AFRM) with a Market Outperform and maintains $85 price target.

Affirm Holdings (AFRM) Rises As Market Takes a Dip: Key Facts

Affirm Holdings (AFRM) closed at $73.55, up 2.95% on the day, outperforming the broader market decline. The company is expected to report EPS of $0.34 (up 47.83% YoY) and revenue of $1.21 billion (up 29.95% YoY). However, full-year earnings are projected to decline 66.18% YoY. AFRM trades at a Forward P/E of 38.13, significantly above its industry average of 19.75, and carries a Zacks Rank #3 (Hold) rating.

This Coinbase Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Monday

Analysts upgraded Coinbase, 4D Molecular Therapeutics, Affirm, Chime Financial and Bullish, raising ratings and price targets.

Wolfe Research Upgrades Affirm Holdings to Outperform, Announces $90 Price Target

Wolfe Research analyst Darrin Peller upgrades Affirm Holdings (NASDAQ:AFRM) from Peer Perform to Outperform and announces $90 price target.

TD Cowen Reiterates Hold on Artisan Partners Asset, Maintains $37 Price Target

TD Cowen analyst Bill Katz reiterates Artisan Partners Asset (NYSE:APAM) with a Hold and maintains $37 price target.

Artisan Partners Asset Management shares are trading lower after the company reported a month-on-month decline in August assets under management.